Article

New Trade Issues In Food, Agriculture, And Natural Resources

Tim Josling

in The Oxford Handbook on The World Trade Organization

Published in print May 2012 | ISBN: 9780199586103
Published online November 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780199586103.013.0030

Series: Oxford Handbooks in Politics & International Relations

 New Trade Issues In Food, Agriculture, And Natural Resources

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This article deals with one of the emerging challenges for the World Trade Organization (WTO) and examines the nexus between food, agriculture, and natural resources. It identifies in food trade a vital need for rules that reflect the globalization of food systems, including the emergence of private food standards and the possible updating of the Sanitary and Phytosanitary Measures Agreement. Agriculture raises questions about the appropriateness of current trade rules as a backdrop for investments in agriculture, food production, and marketing in developing countries. In the area of natural resources, the development of rules on government ownership, or investment in land and other resources in other countries, could become an issue. And extending to several areas of primary products' trade is the need to strengthen the rules that constrain the use of export restrictions and taxes when commodity prices are high. The article also discusses price volatility as well as issues related to energy and the environment.

Keywords: World Trade Organization; food; agriculture; energy; natural resources; environment; price volatility; Phytosanitary Measures Agreement; developing countries; primary products

Article.  9103 words. 

Subjects: Politics ; International Relations ; Political Economy

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